The Marginal Product of Additional Units of Labor Eventually Diminishes

question 94

Multiple Choice

The marginal product of additional units of labor eventually diminishes because,ceteris paribus:

• A) Additional labor is usually less skilled and less experienced.
• B) The law of diminishing marginal utility is a factor.
• C) Additional labor has fewer fixed factors of production to work with.
• D) Laborers are lazy.

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